India and the European Union finalized a landmark trade deal on Tuesday, cutting tariffs on autos, textiles, and spirits. The pact aims to double EU exports to India by 2032. European companies are expected to save $4.75 billion in duties. The deal will gradually reduce tariffs on 96.6% of traded goods by value. Indian cars […]
India EU trade deal
India celebrates EU at Republic Day parade
European Union leaders joined India’s Republic Day parade on Monday as guests of honour, a day before a long-awaited trade deal is expected. Military bands, horse and camel cavalry, and fighter jets wowed spectators in New Delhi. Prime Minister Narendra Modi said the occasion inspires collective resolve to build a developed India. The parade showcased […]
India nears historic trade breakthrough with EU
India is close to signing a major trade deal with the European Union this month, trade secretary Rajesh Agrawal said. The agreement would open India’s massive market of over 1.4 billion consumers to European goods. Leaders aim to finalize it ahead of India’s Republic Day celebrations and an EU-India summit. Agrawal said negotiations were “very […]